HomeMy WebLinkAboutNine Mile Creek Bungalows Ada County Recorder Trent Tripple 2025-024597
Boise,Idaho Pgs=5 cfowler 04/23/2025 08:39:11 AM
CITY OF MERIDIAN IDAHO$0.00
Electronically Recorded
City of Meridian
WARRANTY SURETY AGREEMENT
Nine Mile.Creek Bungalows
THIS WARRANTY SURETY AGREEMENT is made and entered into this 22 day of
April ,20 25by and between the CITY OF MERIDIAN,a Municipal Corporation,
hereinafter referred to as CITY, and SOLE PROPRIETORSHIP hereinafter referred to as
DEVELOPER.
WITNESSETH:
WHEREAS, DEVELOPER received approval from the CITY on Final Acceptance, April 14,
2025, of the construction plans ("Construction Plans"), for the development lcmwn as Mine Mile
Creek Bungalows("Subdivision Plat")located.in the City of Meridian;which Construction Plans
include improvements for public. life; safety and health ("Required Public Improvements") and.
improvements for non-life, non-safety and non-health improvements ("Required Development:
Improvements") (The Required Public Improvements and Required Development Improvements
may be collectively referred:herein as"Improvements") and
WHEREAS,DEVELOPER has completed the installation of the Improvements;:and
WHEREAS,the Unified Development Code of the City of Meridian Section 11-5C-3 requires that
the DEVELOPER execute and file with the CITY an agreement providing for,among other things,.
a Warranty surety in the amount of twenty percent.of the cost of improvements for a period of two
years; and
WHEREAS,the CITY is agreeable to acceptance of the improvements upon the execution of this
Warranty Surety Agreement and compliance by the DEVELOPER with the provisions of the
Unified Development Code of the City of Meridian:
NOW, THEREFORE, in consideration of foregoing mutual promises, covenants and agreements
of the parties, it is hereby agreed as follows:
1. The DEVELOPER agrees to correct, repair and maintain all. such Required Public
Improvements from any defects, omissions or irregularities in the construction,materials
or work thereof for a period of two (2),calendar years from the date of written acceptance
of such Improvements.
2. Upon execution of this Agreement, the DEVELOPER. shall notify the CITY of the
readiness for final inspection. Upon certification by the City Engineer that all requirements
WARRANTY SURETY AGREEMENT—Nine Mile Creek Bungalows—Page I
of the CITY have been met and CITY formally accepts such Improvements in writing,the
following shall occur;
A. The DEVELOPER shall submit to the CITY a Warranty Surety in a form approved
by the CITY in the estimated sum of$13,132.00 to provide for correction of any
defective materials or workmanship in such Required Public Improvements for a
period of two (2)years after final acceptance, as defined in the City Public Works
Construction Code. The amount of such surety assurances is based upon 20% of
the contractor's itemized bid, as set forth on Exhibit "A" attached. hereto and
incorporated herein, for the completion of the Required Public Improvements. At
the expiration of the two-year period,DEVELOPER shall submit a written request
to the CITY to release the Warranty Surety, along with a statement from the
DEVELOPER that the Requited Public Improvements continue to meet City's
Requirements at the erid of the two-year warranty period. After receiving, such
request,the CITY shall conduct an inspection of the Required Public Improvements
to determine if any defects are present. If there are: no defects; CITY shall
release/return the Warranty Surety to DEVELOPER.
3. The CITY agrees.to accept the Required Public Improvements upon certification by the
City Engineer that.all Required Public Improvements have been.constructed in
accordance with the City's Requirements. Such certification is not intended to relieve.
DEVELOPER or any contractor or material supplier of their responsibility for any
defects in materials or workmanship of such Improvements.
4. In construing this Agreement, it is understood that either parry may be more than one
person and if the context.s,o requires., the singular pronoun shall.be taken to mean and
include the plural,the masculine, and neuter, and that generally all grammatical changes
shall.be made,assumed and implied to make the provisions hereof apply equally to a.single
or several individuals.
WARRANTY SURETY AGREEMENT—Nine Mile Creek Bungalows—Page 2
IN WITNESS WHEREOF,the parties shall cause this Warranty Surety Agreement to be executed
by their duly authorized officers the day and year first above written.
SOLE PROPRIETORSHIP:
oby hea—Owner
STATE OF IDAHO
ss.
County of Ada j
On this l5 day of V 10_12?, before me, the undersigned, a Notary
Public in and for the State of Idaho, personally appeared Robyn Shea,known or identified to me to be the
Owner and Sole Proprietor, who executed this instrument on behalf of said Sole Proprietorship, and
acknowledged to me that such Sole Proprietorship executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and
year first above written.
SEAL
o��.l pRETTyI,y�� �i Not y Pu for Idaho
\� �.��.�p,RY P�e���.i2 ��� My fission Expires: '7, 2�
MY COMMISSION
EXPIRES 6 22-2027
OF 10p�-�o'�4i�
�//ON NOR; \\N
11 f 11!111
WARRANTY SURETY AGREEMENT—Nine Mile Creek Bungalows—Page 3
CITY OF MERIDIAN:
Dated: 22 April 2025 BY: C C ,� /Y 16'61,9-1,
Caleb Hood
Deputy Director of Community Development
WARRANTY SURETY.AGREEMENT—Nine Mile Creek Bungalows—Page 4
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